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it showed january's job reports, 157,000 jobs were added to the economy, but the way wall street sees it, it came in soft. wall street is looking at it at a more broader view, and they are looking at the momentum from november and december, and you are seeing a stronger trend continue, so that's good news obviously. but then again there has been an underlying optimism already in the market, and that's being fueled by the federal reserve. and that's buying up mortgage backed treasury and securities, and that's driving interest rates lower so the best game in town as far as investors see it to make money is here in the stock market, and it's driving investors to the stock market. and what moved the needle, it was the jobs number, and how the next milestone for the dow will be the all-time high, and first we will see if it can hold at 14000 at the close, and then we will see what happens. >> how much confidence do we have in this rally? >> some say not much, and others say stocks are making a comeback and the economy is doing that as well. one well known economist talks about this, and h
it showed january's job reports, 157,000 jobs were added to the economy, but the way wall street sees it, it came in soft. wall street is looking at it at a more broader view, and they are looking at the momentum from november and december, and you are seeing a stronger trend continue, so that's good news obviously. but then again there has been an underlying optimism already in the market, and that's being fueled by the federal reserve. and that's buying up mortgage backed treasury and...
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and then, you know, the bottom started to fall out of the economy, we had the great recession. you know, the dow even went all the way down to 6,500 in 2009. march of 2009. so this really has been a trek upward. one well known economist that we just talked to yesterday says you know what this is? this could be a sign of better things to come. although he is a big bull, and for every bull, there's a bear. i did speak with a bear, another economist who said this is like a correction waiting to happen. so it depends on who you talko about how exciting this is, how momentous it is. it is a nice round number and it was nice to see it on the screen, even for a few seconds. >> i think a lot of people are confused about what the state of our economy actually is. >> well, and that's why some wonder what is the point of the dow hitting 14,000. and, by the way, it's not even the record high, the record high is 14,164, and, yes, a lot of people talk about, you know, the disconnect. we see the dow reaching these highs that we haven't seen in five years, yet, the jobs market is recovering, b
and then, you know, the bottom started to fall out of the economy, we had the great recession. you know, the dow even went all the way down to 6,500 in 2009. march of 2009. so this really has been a trek upward. one well known economist that we just talked to yesterday says you know what this is? this could be a sign of better things to come. although he is a big bull, and for every bull, there's a bear. i did speak with a bear, another economist who said this is like a correction waiting to...
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Jan 30, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. looking at live radar pictures of the southeast this morning, where a line of severe thunderstorms is passing through the area. already tornado warnings in alabama, tennessee, kentucky, mississippi might be affected as well. one death confirmed as of this time. >> this is unusual for this time of year, january. the next 12 to 18 hours we understand is c
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little...
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Jan 31, 2013
01/13
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♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tuiasos lannay ke . >>> and extreme sports under scrutiny after dangerous games going wrong. through march thirty first. sign up now at hiltondouble.com. morning, boys. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the road like progressive commercial auto. [ flo speaking japanese ] [ shouting in japanese ] we work wherever you work. now, that's progressive. call or click today. o . >>> well, of course, super bowl sunday is this weekend, the ravens and the 49ers, probably didn't need to tell you that. for ravens linebacker ray lewis, it will be his last game, he announced his retirement. besides his raw talent, he is known for this dance, which his fans love him. he wears his spirituality on his sleeve, that is the ray lewis we see today. but there is another chapter of his past that is never far away. but for
♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. tuiasos lannay ke . >>> and extreme sports under scrutiny after dangerous games going wrong. through march thirty first. sign up now at hiltondouble.com. morning, boys. so, i'm working on a cistern intake valve, and the guy hands me a locknut wrench. no way! i'm like, what is this, a drainpipe slipknot? wherever your business takes you, nobody keeps you on the...
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Jan 28, 2013
01/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses music: "make someone happy" music: "make someone happy" ♪it's so important to make someone happy.♪ it's so important to make meone happy.♪ ♪make just one someone happy ♪and you will be happy too. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. did you just turn your ringer off so no one would interrupt and.us?one. oh no, i... just used my geico app to get a tow truc
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses music: "make someone happy" music: "make someone happy" ♪it's so important to...
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Jan 25, 2013
01/13
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they want people to deal with the economy and that's not what the republican party did the last time around. i think jindal has a prescription to how to fix it if the republicans are willing to follow it. >> here's the thing. in 2010 when they said washington needs to rein in the spending, we won big, we won huge. in 2012 when the republican party drove the messaging we lost. that tells you something. if we stay focused what is affecting everybody across the country and that is the fiscal issues, it's about jobs, jobs, jobs, i mean we win. that's what we need to stay focused on. >> i will say president obama was re-elected and that means in part to me that people are kind of into big government. >> i don't know about that. >> i disagree. >> i think many were going with the lesser of two evils with their choice at the ballot box, particularly independent voters but what they saw in mitt romney is they didn't have anything in common with him and didn't want to. and that was dividing up the country. 47% here, 47% there. let's have a fight over the nips and scraps and that's not a messag
they want people to deal with the economy and that's not what the republican party did the last time around. i think jindal has a prescription to how to fix it if the republicans are willing to follow it. >> here's the thing. in 2010 when they said washington needs to rein in the spending, we won big, we won huge. in 2012 when the republican party drove the messaging we lost. that tells you something. if we stay focused what is affecting everybody across the country and that is the fiscal...
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Jan 29, 2013
01/13
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consumers aren't that optimistic about the economy. the consumer confidence index released a few minutes ago shows a sharp drop from last month. it now stands at 58.6%, down from nearly 67% in december. the steep drop, races all the gains made through 2012. an increase in the payroll tax seems to be one of the things that has dampened consumers' enthusiasm. >>> a 16-mile stretch of the mississippi river remains closed near vicksburg because of an oil spill. the coast guard says it has five contracted vessels helping with cleanup and skimming operations. still unclear exactly how many gallons leaked after two barges struck a bridge on sunday morning. the one that started leaking was carrying 80,000 gallons of oil. >>> the boy scouts of america may be closer to changing its long-standing policy barring openly gay members. it's expected to be up for discussion when the group's national board meets next month. the scouts' policy has been heavily criticized, but the leader of the conservative family research council says the scouts will be
consumers aren't that optimistic about the economy. the consumer confidence index released a few minutes ago shows a sharp drop from last month. it now stands at 58.6%, down from nearly 67% in december. the steep drop, races all the gains made through 2012. an increase in the payroll tax seems to be one of the things that has dampened consumers' enthusiasm. >>> a 16-mile stretch of the mississippi river remains closed near vicksburg because of an oil spill. the coast guard says it has...
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Jan 28, 2013
01/13
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when i talk about the nation's economy, reform is critical to the nation's economy. the reality is is that even in a very tight economy, there are all types of industries in our country which have used the work of immigrants every day, to achieve the economic goals of those industries. if you got up this morning and had fruits for breakfast, probably picked by the bent back of an immigrant worker. if you, in fact, had vegetables for a chicken for lunch, you probably had it deplucked by the hands -- the cutup hands of an immigrant worker. if you slept in a hotel or motel of the nation, you probably had your room done by an immigrant worker. if you are looking at some of the cutting edge technologies in our country, you probably saw the ability of making america a more prosperous competitive place in the world by the intellect of an immigrant worker. so in so many dimensions this is about the economy of our nation as well. and, finally, two elements of this that i think are incredibly important within the principles i support is the fact that we have seen in other coun
when i talk about the nation's economy, reform is critical to the nation's economy. the reality is is that even in a very tight economy, there are all types of industries in our country which have used the work of immigrants every day, to achieve the economic goals of those industries. if you got up this morning and had fruits for breakfast, probably picked by the bent back of an immigrant worker. if you, in fact, had vegetables for a chicken for lunch, you probably had it deplucked by the...
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Jan 29, 2013
01/13
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political divisions, protests, trug strugling economy threaten its future. people are protesting morsi's declaration of a state of emergency and curfew in three provinces. >>> now you can virtually explore one of the most secretive countries in the world thanks to google. detailed maps of north korea. now for the first time. talking about everything from its nuclear facilities to prison labor camps, monuments, and just regular streets. chad meyers here to map it all out for us. that's incredible. think about north korea, i mean it was just blank. the rest of the world you could see, north korea for years blank. >> let me tell you how this happened. citizen cartogrophers went to draw it in. they drew lines, maps, roads and drew locations and now you can, for the first time ever, go to google map -- not talking about -- not earth -- but the map and see where the roads are. you can see how to get places in north korea. this was unheard of it. was a blank spot for a long time. north of the dmz, there was nothing there. there was no there there. >> a road map. >>
political divisions, protests, trug strugling economy threaten its future. people are protesting morsi's declaration of a state of emergency and curfew in three provinces. >>> now you can virtually explore one of the most secretive countries in the world thanks to google. detailed maps of north korea. now for the first time. talking about everything from its nuclear facilities to prison labor camps, monuments, and just regular streets. chad meyers here to map it all out for us. that's...
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Jan 30, 2013
01/13
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economy shrank in the fourth quarter. ringing the bell today, jack lapinsky, president of the energy company cvr refining. >>> we're keeping an eye on a hostage situation in southern alabama. man boarded a school bus and shot and killed the driver, took a 6-year-old hostage and holding him in some sort of underground bunker. police are communicating with the man and they tell us the little boy has not been harmed. >>> in the next hour, the senate judiciary committee holds its first hearing on gun violence since the newtown massacre last month. we're looking inside this hearing room and wayne lapierre the executive vice president of the nra, you can see him sitting there beside the gentleman in the white hair. wayne lapierre will be testifying later this afternoon. gabrielle giffords, the former congresswoman shot in arizona will give the opening statement for the other side and when that hearing begins, by the way, we'll carry it live. we're expecting it to start in just about 31 minutes. >>> joining me now are jerry henr
economy shrank in the fourth quarter. ringing the bell today, jack lapinsky, president of the energy company cvr refining. >>> we're keeping an eye on a hostage situation in southern alabama. man boarded a school bus and shot and killed the driver, took a 6-year-old hostage and holding him in some sort of underground bunker. police are communicating with the man and they tell us the little boy has not been harmed. >>> in the next hour, the senate judiciary committee holds its...
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Jan 31, 2013
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why are stocks near records if the economy is slowing a little bit? corporate profits are coming in. the fed has been stimulating this economy for years. investors are now coming back. the big thing to watch, tomorrow's monthly jobs report. it's expected to say the economy added 180,000 jobs and the unemployment rate fell slightly to 7.7%. >> and what's the number of jobs they need to -- >> 150. so if you're coming in at 180,000, getting closer to 200,000 every month, that would show an economy that's healing and that's something clearly everyone wants to see. >>> the new blackberry 10 is finally here. you can see dean over my shoulder. a cool new feature. a thing called time shift. that's my favorite thing. captures shots in the moments just before and after you take a picture and gives you all these images to choose from. soledad will love that. there's a larger screen, as you can see. there's something called blackberry balance that allows you to have two profiles, your work profile and personal profile. >> oh, that's good. >> what are you hiding,
why are stocks near records if the economy is slowing a little bit? corporate profits are coming in. the fed has been stimulating this economy for years. investors are now coming back. the big thing to watch, tomorrow's monthly jobs report. it's expected to say the economy added 180,000 jobs and the unemployment rate fell slightly to 7.7%. >> and what's the number of jobs they need to -- >> 150. so if you're coming in at 180,000, getting closer to 200,000 every month, that would...
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Jan 28, 2013
01/13
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. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> three people now are under arrest. investigators are searching for a fourth in connection with the tragic nightclub fire that left at least 231 young people dead. police have not identified those that they've detained but they are going to hold them five days for questioning. most of the fire victims died of smoke inhalation. others were trampled. investigators think the disaster started when the band's fireworks show set the ceiling insulation on fire. we heard about the fire. we immediately, of course, thought about what happened in a nightclub in rhode island almost ten years ago. 100 people died at the station nightclub. this was in west warwick, where the band great white was performing. we're looking back at that disaster in a moment, but first want you to listen to what a survivor of that nightclub fire told cnn this morning. >> i can't believe someone has actually done that in a crowded nightclub again, but also the way that people could n
. ♪ (train horn) vo: wherever our trains go, the economy comes to life. norfolk southern. one line, infinite possibilities. >>> three people now are under arrest. investigators are searching for a fourth in connection with the tragic nightclub fire that left at least 231 young people dead. police have not identified those that they've detained but they are going to hold them five days for questioning. most of the fire victims died of smoke inhalation. others were trampled....
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Jan 29, 2013
01/13
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at the same time, the economy is really in a shambles. there are almost no tourists to speak of in egypt. so it all adds up to a situation that is highly volatile. >> cnn's ben wedeman live in cairo, thank you very much. >>> 14 minutes after the hour. let's get up to date. high hopes for the hispanic community for president obama's speech on immigration reform. we expect him to take up the issue in a speech at a las vegas high school today. eight senators, four from each party, the so-called gang of eight, unveiled their own first step toward an agreement yesterday. house lawmakers said to be working on a bipartisan plan of their own. >>> convicted arsonist sentenced to death for setting a fire in santa anita, california. it led to five deaths. 31-year-old ricky lee fowler, a meth addict with a violent history, convicted of murder and arson charges last august. >>> chick-fil-la has stopped donating money to gay and lesbian organizations. the georgia-based company caught up in the same-sex marriage debate when their president made controve
at the same time, the economy is really in a shambles. there are almost no tourists to speak of in egypt. so it all adds up to a situation that is highly volatile. >> cnn's ben wedeman live in cairo, thank you very much. >>> 14 minutes after the hour. let's get up to date. high hopes for the hispanic community for president obama's speech on immigration reform. we expect him to take up the issue in a speech at a las vegas high school today. eight senators, four from each party,...
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is the economy healing? you won't see anything else like it on tv. >> not that your analysis wasn't fantastic on football, but coming up, a battle of brothers at this year's super bowl, how nfl coaches jim and john harbaugh compare to some other famous siblings. make you feel alive.t wil meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. well, dad, i spent my childhood living with monks learning the art of dealmaking. you've mastered monkey-style kung fu? no. priceline is different now. you don't even have to bid. master hahn taught you all that? oh, and he says to say (translated fro
is the economy healing? you won't see anything else like it on tv. >> not that your analysis wasn't fantastic on football, but coming up, a battle of brothers at this year's super bowl, how nfl coaches jim and john harbaugh compare to some other famous siblings. make you feel alive.t wil meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg....
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Jan 25, 2013
01/13
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a weak economy and joblessness and corruption. how is this president and government going to address these very real problems. many agree that it will have a ripple effect throughout the world. >> from cairo, thank you. democratic senator from connecticut is joining us right now. he is just back from a visit to egypt last week there with a congressional delegation from lindsay graham among others. thanks for coming in. >> thank you. >> let's talk about the second anniversary from the overthrow and saw thousands and thousands of people protested president morsi's government in tahrir square. you met with him last week with the congressional delegation. is he someone the u.s. can deal with? >> he is the elected leader of egypt and they have good reason to be in the streets. there is continuing corruption in the egyptian society and government. there very dire economic straights. 40% of the egyptian people make less than $2 a day. there high rates of unemployment and the rights of religious minorities and women are far from secure. f
a weak economy and joblessness and corruption. how is this president and government going to address these very real problems. many agree that it will have a ripple effect throughout the world. >> from cairo, thank you. democratic senator from connecticut is joining us right now. he is just back from a visit to egypt last week there with a congressional delegation from lindsay graham among others. thanks for coming in. >> thank you. >> let's talk about the second anniversary...
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Jan 26, 2013
01/13
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economy had a decent week though one iconic firm did not close where investors were hoping. here's alison kosik. >> stocks continue their january run-up with the dow closing higher for the 11th time in 12 sessions friday. the s&p 500 which most american portfolios tracks will rose above the 1500 mark for the first time in five years. corporate earning season continued full speed ahead with a huge batch of technology companies report package netflix, ibm and google all topped estimates in the latest quarter. but apple was one notable disappointment. though the gadget giant beat profit expectations it missed on revenue and didn't sell quite as many iphones as wall street would have liked and closed friday at $448 after rising to $705 a few months ago. on the housing front, existing home sales unexpectedly fell 1% in december. analysts had been expecting it to rise. the good news is, 2012 still marked the best december for home sales in five years. record low mortgage rates, lower unemployment and a rebound in prices have all helped to give the housing market momentum. friday m
economy had a decent week though one iconic firm did not close where investors were hoping. here's alison kosik. >> stocks continue their january run-up with the dow closing higher for the 11th time in 12 sessions friday. the s&p 500 which most american portfolios tracks will rose above the 1500 mark for the first time in five years. corporate earning season continued full speed ahead with a huge batch of technology companies report package netflix, ibm and google all topped estimates...